China’s famous chipmaker Semiconductor Manufacturing International Corp. (SMIC) revealed on Friday plans to upsurge independence in the chip manufacturing sector by investing $8.87 billion to build a chip plant in the tech city of Shanghai, according to a regulatory filing with the Hong Kong Stock Exchange (HKSE). The Chinese expansion to globally take the lead […]
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El Salvador is betting that this week’s pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send […]
Arabian Internet and Communications Services Co. revealed plans of auctioning 24 million of its shares, trusting this move will raise $960 million in its initial public offering (IPO). The company, which is a subsidiary of Saudi Telekom Company (STC), will look to auction off the shares with prices ranging between $36.26 and $40.26 per share. […]
Ask anyone old enough to remember travel before Sept. 11, 2001, and you’re likely to get a gauzy recollection of what flying was like. There was security screening, but it wasn’t anywhere near as intrusive. There were no long checkpoint lines. Passengers and their families could walk right to the gate together, postponing goodbye hugs […]
The smartphone industry will experience one of its best years in equipment manufacturing, despite the current global health crisis and semiconductor shortage, Gartner and IDC revealed in a new research. According to technology research firm Gartner, global smartphone production and sales reached a whopping 328.8 million in the second quarter (Q2) of the current year, […]
BEIJING (AP) — Chinese regulators have ordered ride-hailing platforms to correct unfair market tactics amid a broad crackdown on the internet sector that has spooked investors and shaved billions off the valuations of some of China’s biggest technology companies. The transport ministry, internet watchdog and other regulators on Wednesday ordered 11 such platforms by year’s […]
Microsoft announced on Tuesday plans to release Windows 11 on October 5th with a free upgrade of the operating system accessible for new hardware that functions with Windows 11 pre-loaded and qualified Windows 10 PCs. Microsoft is stunning its userbase with Windows 11 rollout in an announcement on its blog, revealing that primarily only eligible […]
Microsoft says it has fixed a flaw in its cloud computing platform that cybersecurity researchers warned could have enabled hackers to take over a cloud-based database product used by many big companies. The company said Friday there’s no evidence the potential opening was exploited by malicious actors or that any customer data was exposed. The […]
Cloud gaming has been the talk of the town for quite some now, it has already made unbelievable strides in garnering vast popularity with gamers across the world. This has been echoed by Amsterdam-based games and esports data company Newzoo, highlighting within our 2021 Global Cloud Gaming Report, which continues to be the standard for […]
Automakers are constantly introducing new models and nameplates to their lineups to meet consumer preferences and to keep their lineup fresh. With that comes the need to cycle older models out. These discontinuations aren’t promoted, and shoppers often don’t realize they’re gone until it’s too late. With this in mind, Edmunds’ experts highlighted five outgoing […]